From the desk:
Small park in a county of maybe 9,000 people, two hours from anything. 18 lots, 15 occupied, all homes owned by the residents. Lot rent is $215 and hasn't moved in six years per t…
From the desk:
I put a park under contract at $1.42M, 55 lots, 51 occupied, lot rent $355 against market I can support at $465. Public water and sewer at the street, everything inside the park i…
From the desk:
I'm five months into learning this and somehow I'm the one with a signed LOI, so please tell me where I'm wrong. 60-lot park, 54 occupied, all tenant-owned homes except one the pr…
From the desk:
Under contract-ish on a 42-lot community in a secondary market, asking $1.15M. 33 homes are tenant-owned on lot rent of $325. Nine are park-owned and rent all-in at $725. Two vaca…
From the desk:
First time looking at this asset class and I'm reading a private offering for a fund buying parks in three states. I don't have operating experience so I'm bringing the numbers an…